AN ACT ESTABLISHING A MAXIMUM HOLD PERCENTAGE FOR SPORTS WAGERING.

HB 5564 establishes a legal maximum percentage of wagers that sportsbooks can retain as profit (known as the "hold percentage") under Connecticut's sports wagering regulations. This bill directly affects licensed sports betting operators by requiring them to cap their profit margin on all sports wagers. The key provision amends Chapter 229b of state statutes to set this maximum hold rate, though the specific percentage value is not defined in the provided text. The policy change aims to regulate the financial terms of sports betting operations without expanding or restricting wagering itself.